turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can I remove a tax credit from my taxes on turbotax free edition?

I would like to delete my retirement savings contribution credit from my taxes on turbotax free edition.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Can I remove a tax credit from my taxes on turbotax free edition?

You can tell TurboTax that you are a student and then you will not get the credit, but will still have to pay for Deluxe.

JamesG1
Expert Alumni

Can I remove a tax credit from my taxes on turbotax free edition?

Based on your income and filing status, your contributions to a qualified employer-sponsored retirement plan may lower your tax bill by up to $2,000 through the Saver's Credit

 

This credit directly reduces your tax by a portion of the amount you put into your retirement plan.  Your contributions are likely reported in box 12 of a W-2 in your tax return.

 

Taxpayers who contribute to qualified employer-sponsored retirement plans, IRAs, or ABLE plans are required to complete IRS Form 8880 to claim the Saver's Tax Credit.

 

@zoradanielle 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question